In recent months, during the Federal Reserve's quiet period, two Federal Reserve Board members met with private sector bank officials or attended events organized by them, and such meetings were restricted during the quiet period. The May and June calendar shows that Michelle Bowman, the vice chairman in charge of supervision, met with the head of the Massachusetts Bankers Association the week before the June 16-17 Federal Open Market Committee meeting. A Federal Reserve spokesperson said the meeting was in preparation for Bowman to deliver a public speech at an event hosted by the organization a week after the FOMC meeting.

In recent months, during the Federal Reserve's quiet period, two Federal Reserve Board members met with private sector bank officials or attended events organized by them, and such meetings were restricted during the quiet period. The May and June calendar shows that Michelle Bowman, the vice chairman in charge of supervision, met with the head of the Massachusetts Bankers Association the week before the June 16-17 Federal Open Market Committee meeting. A Federal Reserve spokesperson said the meeting was in preparation for Bowman to deliver a public speech at an event hosted by the organization a week after the FOMC meeting.